In recent years, hospital indemnity insurance has made strides. This type of insurance has been around for awhile. However, not until the rapidly increasing deductibles, coinsurance, and copays with health insurance plans under the Affordable Care Act, has hospital indemnity insurance been in the spotlight. In light of increasingly higher out of pocket expenses, people are turning to hospital indemnity insurance for cost assistance and peace of mind. Is hospital indemnity insurance worth the money? In this article, we describe hospital indemnity insurance and if it is worth the money or not.

Recently, I was on a webinar about life insurance with living benefits. If you don’t know what living benefits are, don’t worry. I will explain below. I sat through these webinars before. This time, I hoped to hear something different to convince me why life insurance with living benefits is a good idea for individuals and families. But, I didn’t, and I sat there, hearing the same old story why I should be selling life insurance with living benefits. (I’ll tell you more why, below.) It doesn’t change my mind. In this article, I discuss why life insurance with living benefits is a waste of money.